HSBC | The Daily Star
  • The Hongkong and Shanghai Banking Corporation Limited

    HSBC arranging $1.3 billion for chemical industries

    The Hongkong and Shanghai Banking Corporation Limited (HSBC) has arranged USD1.3 billion financing for Bangladesh Chemical Industries Corporation (BCIC) to set up its Ghorasal Polash Urea Fertilizer Project (GPUFP).

  • Oil price falls below $28 a barrel

    The oil price falls below $28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem.

  • Global economy loses steam as Chinese, European factories falter

    World economic growth lost momentum in September, with China's factory output shrinking again, euro zone manufacturing growth slowing, and US activity steady.

  • HSBC fires staff for mock IS execution video

    British bank HSBC fires six staff after they filmed a mock Islamic State-style execution video during a team-building day out and posted footage online.

  • HSBC to cut 20,000 jobs globally

    HSBC, Europe's biggest bank, is planning to cut 20,000 jobs around the world as it tries to reduce costs and simplify its business.

  • FBI agents

    UK banks launch Fifa investigation

    Two UK banks have started internal reviews into whether they were used for corrupt payments by Fifa officials.

  • asia stock index

    Asia stocks fall on factory data

    Asia's two largest economies, China and Japan witness factory activity expand at a slower pace in March, suggesting that their recovery may be losing momentum

  • US dollar

    Dollar drop is worst since 2011 as investors rethink Fed policy

    The dollar slumps the most since October 2011 after the Federal Reserve reduced projections for interest- rate increases and expressed concern the dollar's surge is weighing on exports and inflation

  • Swiss cops raid HSBC's Geneva office

    Swiss police are searching offices of the Geneva subsidiary of HSBC bank in an inquiry into alleged money-laundering

  • Track down HSBC money

    WITH a former HSBC banker blowing the top off the bank's scandal and the French authorities launching a full blown investigation in 2008, evidence has emerged that nationals of Bangladeshi origin are among those suspected of money laundering between the years 1985 and 2006.

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